Answer:
d. $67 million.
Explanation:
The asset is not impaired because the fair value is higher than the book value. Therefore, the only operating loss of $67,000,000 can be reported.
Particulars Amount
Operating Loss(Jan 1 to 31 Dec 2021 $67,000,000
Before Tax loss on discontinued operation $67,000,000
Hence, Jamison would report a before-tax loss on discontinued operations of $67,000,000.
Answer: Controlling
Explanation:
Controlling is a management process which involves comparing the outcome of an organization's processes to the targets set for those processes beforehand, and taking corrective measures in case the outcome is deviating from the set targets. For example, a manager of a business running at a loss, can identify the cause of the loss and find ways of correcting the negative outcome.
Capital items. These include major purchases like buildings, fixed and accessory equipment.
The amount of discount that has to be included in Francis's income is 0.
<h3>How to solve for the discount amount</h3>
The amount of the discount - sales price
= 300 - 250
= $50
This is the discount when it is sold to employees
Next we solve for the gross profit as
sales price x gross profit rate
= 300 x 30%
= 90
Given the amounts that we have here we have to conclude that the amount to be included in the account is 0
Read more on what a discount is here:
brainly.com/question/9841818
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